There are a lot of different estate planning and asset protection planning trusts out there: revocable living trusts, Medi-Cal asset protection trusts, and life insurance trusts are just a few of them. One type of trust that Silicon Valley trust lawyers find to be useful, though sometimes only in narrow circumstances, is a self-settled trust. […]

The power of attorney is one of the most important documents in your estate plan, but there are some common mistakes that could render it ineffective. Knowing how to spot these mistakes is key to making sure that you get the most out of your power of attorney and all the benefits it provides. Here […]

When was the last time you took a look at your Last Will and Testament? If it was five years ago or more, then you should consider dusting it off and reading through to make sure it’s up to date. Remember, a lot can change in five years: the birth of new family members, marriages […]

Now that vaccinations have started and “normal” life is within our grasp, many couples are starting to resume their wedding plans. Those who have had to postpone their big day or got engaged during the pandemic are once again starting to put deposits on venues, purchasing gowns, and even planning honeymoons. However, Bay Area estate […]

Have you ever wondered what is the worst that can happen if you become incapacitated or pass away without an estate plan in place? If you have, you’re not alone. This is actually a common question our Silicon Valley estate lawyers receive, especially from those in close-knit families who believe that their kids (or other […]

Bay Area Trust attorneys know that Trusts are an excellent tool for estate planning and asset protection purposes. The most common type of trust is a Revocable Living Trust, which holds your assets and helps avoid the probate process when you pass away. However, Revocable Living Trusts do not help much when it comes to […]

It is well known that probate in California is not only costly but has the potential to be very time-consuming. Many look for loopholes in the system as an attempt to shorten or eliminate the probate process. Some believe that adding their child’s name to their bank accounts or even placing their child’s name on […]

If you plan on leaving money to minor children in your Last Will and Testament, you’ll have an important issue to consider: Who will be in charge of managing the inheritance and keeping the child’s money safe from being lost or squandered if the parents pass away? Estate planning is often easier for married couples […]

More than half of Americans now have at least one chronic health condition, mental disorder, or substance abuse issue. That is a staggering statistic that Silicon Valley estate planning lawyers who work with sick and disabled clients confront every day. There are varying definitions of what it means to be “chronically ill.” One definition is […]

The IRS recently announced the 2021 federal estate tax rate exemption, which is $11.7 million for individuals and $23.4 million for married couples. This is increased from $11.58 million and $23.16 million respectively in 2020. Under this new guidance, wealthy Americans will be able to leave up to $23.4 million to their heirs without being […]